Most outrageous quotes on the debt ceiling

October 10, 2013

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Sen. Mike Crapo, R-Idaho: "Well, in the short term, first of all, I think that any such default would be short because I don't think either party would allow that to last. I don't think it'll happen, but if it did it would be very short . . . It all depends on what it generated. If it generates some real progress toward entitlement reform and getting tax reform teed up for activity, then I think that's one of the best things that could happen for young people."
"On the other hand, if it simply in the short term generated government defaults, that's gonna be harmful. So it's kind of a long-term versus short-term view."

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Sen. Mike Crapo, R-Idaho: "Well, in the short term, first of all, I think that any such default would be short because I don't think either party would allow that to last. I don't think it'll happen, but if it did it would be very short . . . It all depends on what it generated. If it generates some real progress toward entitlement reform and getting tax reform teed up for activity, then I think that's one of the best things that could happen for young people."
"On the other hand, if it simply in the short term generated government defaults, that's gonna be harmful. So it's kind of a long-term versus short-term view."